[08:27] {Threei} - In a Lazard report, AONE is said to be gaining traction with this deal to supply batteries for the Fiat 500, following other announcements with Navistar and Fisker.

[08:27] {Threei} - This could represent a $100M opportunity and is expected to be introduced to the US market in 2012

[08:27] {Threei} - Maintains Buy rating with a $24 price target

[08:27] {Threei} - Expects solid revenue and earnings growth for the next several years.

[08:33] {fernp} Good morning everybody

[08:33] {nemo} hola fern

[08:33] {Threei} fern, nemo :)

[08:38] {strider} CLNE

[08:40] {Threei} Barron's Summary: cautious on LAZ, CLNE

[08:40] {Threei} - Cautious on CLNE on dilution risks and valution. Pickens who controls CLNE has lobbied for a very long time on an energy bill that will subsidize the conversion of trucks to natural gas. As natural gas is cheaper than OPEC's diesel fuels Pickens is optimistic that such bill will be enacted by the Congress. The so-called Pickens plan has already been accepted by Wall Street which values the venture at 45 times the cash flow of analysts for 2010 and 20 times the average forecast for 2011. Barrons argues that such an excitement for a yet unprofitable venture is premature and after a boost of 50% in the shares, the market has more than discounted the potential government subsidies. However, CLNE, despite government subsidies, has failed to report a profit and Barrons argues that the subsidies have merely prevented the company's losses from being deeper. Second, there is a dilution risk as the company has significant capital needs in order to build its fueling infrastructure. Management awards itself with stock options and warrants could dilute earnings to almost 30%. If company reports a profit Pickens will have to exercise its 15M shares warrant lest he loses a profit of $150M

[08:44] {ese} gm

[08:44] {nemo} dude

[08:44] {Threei} ese :)

[08:44] {ese} dude

[08:44] {ese} vad

[08:46] {Les} Les

[08:46] {Les} no wait, that's me

[08:46] {Threei} lol

[08:46] {Les} vad

[08:46] {Threei} morning

[09:00] {Threei} (GR) Fitch still has concerns over Greek budget deficit; EU plan for Greek package still not fully clarified

[09:48] {nemo} think there's any logic on early morning volatility to hold original stops even if price hits 1:1

[09:48] {nemo} If you partial ends up being a wash

[09:49] {Threei} PALM starts looking like momo

[09:49] {Les} palm 6 break?

[09:50] {Les} didn't see your last

[09:50] {ese} out palm .98 =.05

[09:50] {Les} abk is momo

[09:50] {Threei} no kidding

[09:51] {Les} nope

[09:51] {Threei} who would have thought this sloth was capable of such moves

[09:51] {fernp} LVS C&H, Vad?

[09:51] {Threei} formally yes

[09:52] {Threei} how reliable it is, hard to tell

[09:52] {Les} took .04 from ABK

[09:53] {Threei} PALM finally pulling back

[09:54] {jfjf64} vad look mir pullbk any entry ya see

[09:54] {Threei} 5.70 - 5.75 zone for long entry

[09:54] {Threei} MIR, about 12.50

[09:55] {Threei} volatile one, careful

[09:55] {Threei} can easil,y overshoot any target by 20 cents

[09:55] {jfjf64} ty

[09:56] {RonS} NEW YORK, April 12 (Reuters) - Shares of Mirant Corp (MIR:$12.78,00$2.05,0019.11%) and RRI Energy (RRI:$4.52,00$0.57,0014.43%) rallied on Monday after they announced on Sunday that Mirant Corp (MIR:$12.78,00$2.05,0019.11%) would take over RRI to create one of the nation's largest independent power producers.

[09:56] {Threei} ABK

[09:56] {Threei} huge pullback

[09:56] {Les} finished, or long opp?

[09:57] {Threei} under .50 for entry

[09:57] {Threei} alternatively .55 break

[09:57] {Threei} hopefully pullback though

[09:58] {Threei} doesn't want to lose .50

[09:59] {Threei} stop under .50

[09:59] {nemo} didin't catch it

[09:59] {jfjf64} aig mind of it own AGAIN

[10:00] {Threei} ABK 1:1

[10:01] {dino} apol sm l .75

[10:01] {Les} and done. ty sir

[10:02] {Threei} ABK?

[10:02] {Les} y

[10:02] {Threei} cool

[10:03] {Threei} jf, AIG, next leg down for entry if you want this one

[10:03] {Threei} no way to call it exactly

[10:03] {Threei} have to feel it as it goes, I can only try and call a "number of waves" so to speak

[12:20] {RonS} ...probably purchased by university endowmwnts, since they already made their money on the outrageous tuition and the whole scam is propped up by student endunturement

[12:21] {dino} cagc l ave .85

[12:21] {dino} .95

[12:21] {dino} lol ron

[12:22] {magoo} no laughing

[12:24] {Threei} why not... every Monday I have this habit of pointing finger at the weird-looking guy I see and laughing... it takes about 3-4 hours to realize that's me in the mirror, and I still have about 30 min of laughter left

[12:25] {magoo} out aig here .40

[12:25] {Threei} wtg

[12:26] {Threei} while we are waiting for second half of WFC to resolve,

[13:26] {shorty} Watching CIEN Threei,breakout play of .60 if it reaches it?

[13:27] {RonS} fig momo?

[13:27] {Threei} two conditions

[13:27] {Threei} one is market of course,

[13:27] {Threei} another is, it needs to come to .60 slowly and consolidate a little,

[13:27] {Threei} not just jump into it

[13:28] {shorty} OK

[13:28] {magoo} vad, whats your view of mkt here, as in where its headed and how

[13:28] {shorty} Another question. When you say the market, with CIEN are you looking at the COMP?

[13:29] {Threei} any of them, they tend to move together

[13:29] {Threei} but NDX is better measurement than COMP for NASDAQ

[13:29] {Threei} mags, here is my view

[13:30] {Threei} break of 11K was expected to produce sharp spike, which could market the reversal,

[13:30] {Threei} but it didn't.

[13:30] {Threei} Instead we have the same slow grilling

[13:30] {Threei} which tells me, we have more upside,

[13:30] {Threei} probably a lot more.

[13:31] {Threei} Short term we are seriously overbought, pullback will probably come soon enough

[13:31] {Threei} but overall, this market is not done going up

[13:32] {magoo} ty

[13:32] {nemo} without some exogenous tragedy, 12 k should be easy although take a long time

[13:32] {shorty} I want to make sure, the NDX is the QQQQ? Here comes the trout.

[13:32] {magoo} yes

06[13:33] * nemo slaps shorty around a bit with a large book of Techniques of Tape Reading

[13:33] {magoo} did u write that book nemo?

[13:34] {shorty} I have been cluttering my brain with so much info in the past month, I need to format.

[13:34] {RonS} fig entry ideas?

[13:36] {Threei} FIG moved on this:

[13:36] {Threei} 1:00:27 PM

[13:36] {Threei} GMAC to sell European Mortgage Assets and Operations; no material gain or loss expected

[13:36] {Threei} - Residential Capital, LLC (ResCap), has agreed to sell its European mortgage assets and businesses to affiliates of certain funds managed by affiliates of Fortress Investment Group LLC

[13:36] {Threei} looks very hard to read ot me

[13:37] {Threei} Separately, GMAC closed a whole loan transaction in the United Kingdom for USD $177 million (GBP 116 million) on March 31, 2010. With the combination of this whole loan transaction, the transactions with the Fortress affiliates, and certain other whole loan sales that are in progress, GMAC will effectively exit the European mortgage market.

[13:37] {Threei} I don't know what it eventually means

[13:38] {Threei} if you can analyze this, more power to you... it's above my pay grade

[13:40] {shorty} I guess with CIEN consolidation is happening.

[13:40] {Threei} a bit far from break point

[13:43] {shorty} So 5 cent range would be ideal then?

[13:44] {shorty} Or like your previous trades, .59 would be the best place.

[13:44] {Threei} hmm?

[13:44] {Threei} sorry, don't understand

[13:45] {shorty} When you played, or tried to, with AONE it was stuck at .99, you said break of 4.

[13:46] {shorty} Issue articulating myself right now. What would be a good range for a breakout point.

[13:49] {Threei} of course the narrower the better, within reasonable,

[13:49] {Threei} so if it spends a while now between .55 and .60, nice break will be formed

[13:51] {Threei} - The average prices of new homes, excluding those for relocated residents under urban redevelopment plans, soared 20 percent to 22,237 yuan (US$3,255) per square meter between April 5 and 11, compared to the city's historic high of 22,270 yuan per square meter set around the end of last year, according to China Real Estate Information Corp (CRIC), a property information

[13:52] {Threei} but fear, not, we will be fine in the world of new enetrtainment wave, mamely 3D TV

[13:52] {Threei} Matsushita Electric Industrial Co Ltd Expands collaboration with AEG on original 3D production for television

[13:52] {Threei} - Panasonic will help launch a steady stream of original 3D television production from AEG Digital Media's L.A. LIVE headquarters located within AEG's L.A. LIVE in downtown Los Angeles by providing state-of-the-art 3D production equipment featuring Panasonic professional video cameras and 3D displays.

[13:53] {shorty} I just bough a projector, I will wait to buy the next wave of new stuff.

[13:57] {ese} out netl. .37 avg +.09

[13:57] {shorty} nice ese

[13:58] {shorty} ese, do you guys do any shows in Alberta?

[13:58] {ese} tks......small but good

[13:58] {ese} haven't yet.......know of any corporations who want to hire us